Examining Corporate Sponsorsip of Charitable Events in the Greater Charleston Area
Despite an increasing trend of businesses using event sponsorship as a marketing strategy and tool to enhance corporate image, limited research is available to understand the basis for businesses' decision making regarding event sponsorship and the subsequent evaluation of the value of that sponsorship. The purpose of this study is to develop an event sponsorship decision-making model based on how companies in the greater Charleston, South Carolina area choose and evaluate sponsorship of local charitable events. The findings in this study suggest that six primary factors influence event sponsorship decision making: business policy, type of organization, event type, marketing strategy, projected outputs, and perceived value. The emphasis on each of these factors in the decision-making process was also influenced by the business's orientation toward pure marketing or pure philanthropy. A strategy for approaching businesses regarding event sponsorship for charitable events is suggested based on the findings in this study.
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Document Type: Research Article
Publication date: 01 September 2010
More about this publication?
- Event Management, an International Journal, intends to meet the research and analytic needs of a rapidly growing profession focused on events. This field has developed in size and impact globally to become a major business with numerous dedicated facilities, and a large-scale generator of tourism. The field encompasses meetings, conventions, festivals, expositions, sport and other special events. Event management is also of considerable importance to government agencies and not-for-profit organizations in a pursuit of a variety of goals, including fund-raising, the fostering of causes, and community development.